Colorado State University Research Foundation
Analysis
Colorado State University Research Foundation is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in September 1942, 84 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Colorado State University Research Foundation reported income of $17.9m and spending of $16.3m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $14.7m to $17.9m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colorado State University Research Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Midwest Christian Villages Inc ($17.9m), Unique Life Inc ($17.9m) and Allegheny Lutheran Social Ministries Inc ($17.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $1.1m (6.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $70.2m against liabilities of $49.7m, net assets of $20.5m. It reported 66 employees.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 0.7%
- Other 68%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Midwest Christian Villages Inc | Nashville | $17.9m |
| Unique Life Inc | Bronx | $17.9m |
| Allegheny Lutheran Social Ministries Inc | Hollidaysburg | $17.9m |
| Church of the Brethren Home Inc | N Manchester | $17.9m |